The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Public Service Enterprise Group Inc shares valued at $86,116 were sold by Hanemann Kim C on Nov 19 ’24. At $90.09 per share, Hanemann Kim C sold 956 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Thigpen Richard T sold 5,900 shares, netting a total of over 518,883 in proceeds. Following the sale of shares at $87.95 each, the insider now holds 25,829 shares.
Before that, Thigpen Richard T had added 5,900 shares to its account. In a trade valued at $518,883, the Officer bought Public Service Enterprise Group Inc shares for $87.95 each.
As published in their initiating research note from Jefferies on September 13, 2024, Public Service Enterprise Group Inc [PEG] has been a Hold and the price target has been revised to $85. Analysts at Guggenheim upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid June. As of January 22, 2024, Guggenheim has decreased its “Buy” rating to a “Neutral” for PEG. Earlier on August 23, 2023, Barclays initiated its rating. Their recommendation was “an Overweight” for PEG stock.
Analyzing PEG Stock Performance
During the last five days, there has been a surge of approximately 6.15%. Over the course of the year, Public Service Enterprise Group Inc shares have jumped approximately 51.02%. Shares of the company reached a 52-week high of $92.41 on 11/21/24 and a 52-week low of $56.85 on 01/24/24. A 50-day SMA is recorded $88.21, while a 200-day SMA reached $75.75. Nevertheless, trading volume fell to 2.16 million shares from 1.64 million shares the previous day.
Support And Resistance Levels for Public Service Enterprise Group Inc (PEG)
According to the 24-hour chart, there is a support level at 91.00, which, if violated, would cause prices to drop to 89.66. In the upper region, resistance lies at 93.05. The next price resistance is at 93.76. RSI (Relative Strength Index) is 64.67 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.87, which suggests the price will increase in the coming days. Percent R is at 0.53%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
